According to the real estate company, the building at 380 Grove St. is located in an R6, C2-3 zone, which allows for 51,638 square feet of buildable facility and 26,142 square feet for mixed-use/residential purposes, meaning the new leaser can build up to 10 stories at the site.

There is a 99-year ground lease is being offered to the prospective tenant for $384,000 for each year.

The site comes with the potential to create:

a 10,758-square-foot parking lot in the basement;

a 10,758-square-foot first floor;

a 10,758-square-foot second floor;

6,100-square-foot third, fourth and fifth floors for rent;

3,230-square-foot sixth, seventh and eighth floors for rent;

a 2,850-square-foot ninth floor for rent;

a 2,430-square-foot 10th floor for rent; and

the roof could also be for rent.

Photo courtesy of Greiner-Maltz Investment Properties

“The space is in a thriving retail neighborhood just one block from the L and M trains at Myrtle-Wyckoff Avenue station and is a perfect opportunity for new development,” Greiner-Matlz said about the site.

There is currently a one-story retail building at the location.

For more information about this site, contact John Gonsalves, director of sales at Greiner-Maltz Investment Properties or visit the Greiner-Maltz website.